Medicaid is rarely associated with getting rich. The patients are poor, the budgets tight and payments to doctors often paltry.
Operating revenue for the Oakland, Calif.-based hospital and health plan giant climbed 11.5% to $18.3 billion from the prior-year quarter. In the same period, operating income grew 20.9% to $850 million.
More than 200 health and business groups have endorsed a bipartisan bill to shore up ObamaCare's insurance markets.
House Republicans on Thursday unveiled a tax cut plan that would slash the corporate rate and lower the personal taxes of most Americans but also limit a cherished deduction for homeowners, as President Donald Trump and the GOP seek to deliver on the first tax revamp in three decades.
President Trump on Wednesday suggested using the GOP tax bill to repeal ObamaCare’s individual mandate.
The Republican-dominated Congress has debated its end repeatedly. President Donald Trump has eliminated subsidies to participating insurers. And 90 percent of its outreach and advertising budget was killed.